HomeSBGI • NASDAQ
add
Sinclair Inc
Previous close
$14.45
Day range
$12.77 - $14.39
Year range
$11.13 - $18.45
Market cap
932.39M USD
Avg Volume
192.39K
P/E ratio
-
Dividend yield
7.12%
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 917.00M | 19.56% |
Operating expense | 305.00M | 6.27% |
Net income | 94.00M | 304.35% |
Net profit margin | 10.25 | 270.83% |
Earnings per share | 1.52 | 605.63% |
EBITDA | 229.00M | 102.65% |
Effective tax rate | 23.20% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 536.00M | -16.64% |
Total assets | 5.78B | -4.90% |
Total liabilities | 5.44B | -1.15% |
Total equity | 349.00M | — |
Shares outstanding | 66.42M | — |
Price to book | 2.31 | — |
Return on assets | 7.24% | — |
Return on capital | 9.00% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 94.00M | 304.35% |
Cash from operations | 210.00M | 20,900.00% |
Cash from investing | -24.00M | 25.00% |
Cash from financing | -28.00M | 48.15% |
Net change in cash | 158.00M | 285.88% |
Free cash flow | 166.00M | 3,805.88% |
About
Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations, after Nexstar Media Group, owning or operating 193 stations across the country in over 100 markets, covering 40% of American households. It is the largest owner of stations affiliated with Fox, NBC, CBS, ABC, MyNetworkTV, and The CW. Sinclair owns four digital multicast networks, Comet, Charge!, The Nest, and TBD, and sports-oriented cable networks, Stadium, and Tennis Channel. In June 2021, Sinclair became a Fortune 500 company, having reached 2020 annual revenues of US$5.9 billion, equivalent to $6.8 billion in 2023.
A 2019 study in the American Political Science Review found that "stations bought by Sinclair reduce coverage of local politics, increase national coverage and move the ideological tone of coverage in a conservative direction relative to other stations operating in the same market". Wikipedia
Founded
1986
Website
Employees
7,300